Categories
New Orleans Office
201 St. Charles Avenue
Suite 4205
New Orleans, LA 70170
(504) 378-3470
Dallas Office
13355 Noel Road
Suite 1100
Dallas, TX 75240
(214) 746-5065
After more than two years of work, CGC will team a $5 million New Markets Tax Credit financing with $3 million in historic tax credit equity, $1.8 million in Live Performance Infrastructure Tax Credit equity and $3 million in state CDBG dollars to fund the resoration of the iconic Joy Theatre.
Work has begun on realizing the adaptive re-use of the former Belleville School, completed in 1898. With a tax credit financing structured by Crescent Growth Capital, the Belleville Assisted Living Facility will provide 52 apartments for the elderly.
813 Pelican Avenue; New Orleans, LA
A $12.7 million New Markets Tax Credit financing incorporating federal and state historic tax credit equity to fund a 53-unit, 55,000 SF assisted living facility within a disused former public school in the Algiers National Register Historic District.
2372 St. Claude Avenue; New Orleans, LA
An $11 million community retail center to provide a venue for economic advancement, spiritual progress and shared cultural space, funded with federal and state New Markets Tax Credits, federal and state historic tax credits and city and state CDBG dollars.
An innovative shared space housed within a former furniture store in New Orleans’ Faubourg Marigny, the New Orleans Healing Center approaches its opening day, eleven months after Crescent Growth Capital executed the financial closing.